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2021-12-31-accounts

		Unrestricted	Restricted
		funds	funds	2021	2020
	Note	2			2
Incoming resources
Grant			14,287.46	14,287.46	49,181.00
Individual donation		11,021.98	487.36	11,509.34	5,571.00
Other income		7,394.12		7,394.12
Total revenues		18,416.10	14,774.82	33,190.92	54,752.00
Expenditure
Administrative expenses	3	5,551A4	1,287.00	6,838.44	2,970.00
Fundraising expenses		1,306.25		1,306.25
Charitable activities	4	22,440.18	6,836.45	29,276.63	50,682.00
Total expenditure		29,297.87	8,123.45	37,421.32	53)652.00
Net (expenditure)/income		(10,881.?7)	6,651.374	(4)230.40)	1,100.00
Reconciliation offunds
Total funds brought forward		47,807.70	8,941.00	56,748.70	55,648.70
Total funds carried forward		36,925.93	15,529.37	52,518.30	56,748.70

			Unrestricted	Restricted
			funds	funds	2021	2020
		Note	E	E	E	E
Current Assets
Cash and cash equivalents			31,583.90	7,520.66	39,104.56	65,631.70
Receivables from	related parties	7	26.02	14,409.58	14,435.60	34,952.00
Total current assets			31,609.92	21,930.24	53&540.16	100,583.70
Non-current assets
Other non-current	assets			30,982.55	30,982.55
Total non-current	assets			30,982.55	30,982.55
Total assets			31,609.92	52,912.79	84,522.71	100,583.70
Liabilities
Current liabilities
Other current liabilities		9	1,021.86		1,021.86	43,835.00
Total current liabiTities			1,021.86		1,021.86	43,835.00
Non-current liabilities
Other non-current	liabilities	10		30,982.55	30,982.55
Total non-current	liabilities			30,982.65	30,982.55
Total liabilities					32,004.41	43,835.00
Net Assets					52,518.30	56,748.70
Funds
Unrestricted funds					36,925.93	47,807.70
Restricted funds					15,592.37	8,941.00
Total fund					52,518.30	56,748.70

RESTRICTED GRANTS
		2021	2020
		2
Acumen Fund			37,738.00
King Baudouin Foundation			11,443.00
Restricted subgrant —Wedu Cambodia	Organization	1,510.37
Restricted subgrant - Wedu (Thailand)	Foundation	12,777.09
Total restricted grant		14,287.46	49,181.00
ADMINISTRATIVE EXPENSES
		2021	2020
			2
Governance		3,702.46	900.00
Legal &accounting		2,067.92	570.00
Independent examiners fees			1,500.00
Profit/loss on exchange rate		1,068.06
Total administrative expenses		6,838A4	2,970.00
CHARITABLE ACTIVITIES
		2021	2020
Direct programme expenses		6,205.56	49,783.00
Professional services			899.00
Staff salary and related expenses		23,071.07
Total programme expenses		29,276.63	50,682.00

STAFFCOSTS
	2021	2020
	F	2
Wages and salaries	22,668.03
Pension costs	377.19
Other	25.85
Total staff costs	23,071.07

		2021	2020
	Receivables from related parties	14,435.60	34,952.00
	Total receivables	14,435.60	34,952.00
8.	NON- CURRENT ASSET
		2021	2020
		2	2
	Non- current asset	30,982.55
	Total non- current asset	30,982.55

CURRENT LIABILITIES
	2021	2020
Other creditors		42,196.00
Accrued expenses	1,021.86	1,639.00
Total current liabilities	1,021.86	43,835.00

NON	-CURR	ENT LIABILITIES
			2021	2020
				2
Non-	current	liabilities	30,982.55
Total	non- current liabilities		30,982.55

				Net
				movement
			At 1/1/21	in funds	At 31/12/21
Unrestdcted	funds		2	2
General fund			47,807.70	(10,881.77)	36,925.93
Restricted funds
Acumen Fund			5,711.00		5,711.00
King Baudouin	Foundation		3,230.00		3,230.00
Wedu Cambodia		Organization		1,068.35	1,068.35
Wedu (Thailand)		Foundation		5,095.66	5,095.66
Individual donation				487.36	487.36
			8,941.00	6,651	15,592.37
Total funds			56,748.70	{4,230.40)	52,518.30

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	funds				2	2
General fund				18,416.10	(29,297.87)	(10,881.77)
Restricted funds
Acumen Fund
King Baudouin	Foundation
Wedu Cambodia		Organization		1,510.37	(442.02)	1,068.35
Wedu (Thailand)		Foundation		12,777.09	(7,681.43)	5,095.66
Individual donation				487.36		487.36
				14,774.82	(8,123.45)	6,651.37
Total funds				33,190.92	(37,421.32)	(4,230.40)
Comparatives		for movement	in funds
					Net
					movement
				At 1/1/20	in funds	At 31/12/20
Unrestricted	funds			2
General fund				55,648.70	(7,841.00)	47,807.70
Restricted funds
Acumen Fund					5,711.00	5,711.00
King Baudouin	Foundation				3,230.00	3,230.00
					8,941.00	8,941.00
Total funds				55,648.70	1,100.00	56,748.70

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds		2	2
General fund		5,571.00	(13,412.00)	(7,841.00)
Restricted funds
Acumen Fund		37,738.00	(32,027.00)	5,711.00
King Baudouin	Foundation	11,443.00	(8,213.00)	3,230.00
		49,181.00	(40,240.00)	8,941.00
Totalfunds		54,752.00	(53,652.00)	1,100.00

				Net
				movement
			At 1/1/20	in funds	At 31/12/21
Unrestricted	funds		2		2
General fund			55,648.70	(18,722.77)	36,925.93
Restricted funds
Acumen Fund				5,711.00	5,711.00
King Baudouin	Foundation			3,230.00	3,230.00
Wedu Cambodia		Organization		1,068.35	1,068.35
Wedu (Thailand)		Foundation		5,095.66	5,095.66
Individual donation				487.36	487.36
				15,592.37	15,592.37
Total funds			55,648.70	(3,130.40)	52,518.30

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General fund			23,987.10	(42,709.87)	(18,722.77)
Restricted funds
Acumen Fund			37,738.00	(32,027.00)	5,711.00
King Baudouin	Foundation		11,443.00	(8,213.00)	3,230.00
Wedu Cambodia		Organization	1,510.37	(442.02)	1,068.35
Wedu (Thailand)		Foundation	12,777.09	(7,681.43)	5,095.66
Individual donation			487.36		487.36
			63,955.82	(48,363A5)	15,592.37
Total funds			87,942.92	(91,073.32)	(3,130AO)